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Commercial Prp Ongoing Negotiations

RNS Number : 5532F
Commercial group properties Plc
10 October 2008

 
10 October 2008
 
Commercial group properties Plc
("Commercial Group", "CGP" or "the Company")

Update on Planning Permissions

Further to the update provided on 8th September 2008, Commercial group properties Plc, the AIM-listed property development company, announces that a resolution to grant planning consent, subject to conditions, has been approved at the extraordinary meeting of Full Thanet District Council on 9th October 2008. The consent for Phase 1 of the "China Gateway" scheme at Manston in respect of 1,481,815 sq ft of commercial development should allow construction to commence in 2009.

Ends

For further information, please contact:

Commercial group properties Plc +44 (0) 1843 860866
Ken Wills

Beaumont Cornish Limited +44 (0) 20 7628 3396
Roland Cornish

Square1 Consulting Limited +44 (0) 20 7929 5599
David Bick/Mark Longson

This information is provided by RNS
The company news service from the London Stock Exchange
 

Page Last Updated: 17/12/08

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